Fight with bondholders looms as the U.S. commonwealth notches biggest public-sector credit event since Detroit's filing for bankruptcy.
MUMBAI The Reserve Bank of India (RBI) kept its policy rate on hold at 7.25 percent on Tuesday, as widely expected, while leaving the door open to ease further depending on the inflation outlook and how swiftly banks lower their lending rates.
Three U.S. airlines have announced they will no longer allow hunters to bring their big-game trophies on flights amid the recent uproar over travelers who have illegally killed big game in Africa.
HONG KONG Aug 4 China stocks rose sharply on Tuesday after Chinese authorities announced new steps to curb short-selling, as part of their raft of steps to support share markets that lost more than 30 percent of their value after a June peak.
LONDON He was so obsessed with the numbers that he did not see his downfall coming. The first trader convicted by a jury in the global Libor rate-rigging scandal was a maths whiz nicknamed "Rain Man", who slept as an adult under a superhero duvet cover ...